CarMax will pay at least $420,000 in damages to servicemembers and a civil penalty of nearly $80,000 to the U.S. as part of a ...

CarMax is the first U.S. car retailer to launch an app in ChatGPT, providing customers a new fast and easy way to shop for their next vehicle.

CarMax Inc., the largest used car dealer in the United States, has agreed to pay $15,000 to each of dozens of military ...

The Justice Department secured a settlement requiring CarMax to compensate servicemembers over alleged unlawful vehicle repossessions ...

Drivers in search of used cars have several options, but for many, CarMax is the top choice. However, the nation’s number one used vehicle retailer is currently under fire after being accused of ...

Allegedly not handling vehicles correctly with members of the military on active duty landed CarMax in trouble with the ...

Affected troops will receive $15,000 each, plus any lost equity in the repossessed vehicle, according to the settlement ...

"Federal law prohibits businesses from repossessing service members’ vehicles without a court order," Assistant Attorney ...

As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results ...

CarMax allegedly violated federal law by repossessing servicemembers' vehicles without required court orders, leading to a ...

CarMax Inc. (NYSE:KMX) shares rose 1.7% Friday following the company’s announcement that it became the first U.S. auto retailer to launch an app in the ChatGPT app store supporting car shopping. The ...

The DOJ has reached a settlement with CarMax to resolve allegations that vehicles owned by members of the military were illegally repossessed, violating the Servicemembers Civil Relief Act.